Riverdale Park, MD vs University Park, MD
There is a significant gap in the cost of living between these two cities. Riverdale Park is 22.2% cheaper than University Park. With a cost index of 126 vs 161, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Riverdale Park to University Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Riverdale Park is $1,668/month compared to $2,406/month in University Park — a 31% difference. Home values follow the same pattern: Riverdale Park is more affordable at $447,000 median vs $610,100.
Median household income in Riverdale Park is $104,583 compared to $197,589 in University Park (-47.1%). While University Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Riverdale Park spend roughly 19.1% of their income on rent, more than the 14.6% in University Park.
Climate-wise, both cities share similar average temperatures (59.3°F vs 59.3°F). University Park receives more rainfall at 41.8" per year compared to 41.8" in Riverdale Park.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)